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Commonwealth Bank Awards Credit Card

Commonwealth Bank Awards Credit Card

Product Image

Purchase Rate
20.24 %
p.a.




Cash Advance Rate 21.24% p.a.
Interest Free Up to 55 days
Annual Fee$59
Balance Transfer Rate 5.99% p.a.for first 5 months

  • Lock in 20,000 bonus CommBank Awards points^ with a new Awards credit card.
  • Limited time on personal online applications when you make a purchase and apply any lock, block or limit feature within the first 30 days.
  • Available on MasterCard® spend for the first 90 days when you apply any lock, block or limit feature within the first 30 days.
  • Limited time only on personal online applications.
  • When a customer uses a linked American Express Card: Earn 1.5 Awards points per $1 spent overseas (including purchases made online at overseas websites) and at supermarkets, department stores and petrol stations in
  • Australia*.
  • When a customer uses a Mastercard or Visa credit card: Earn 1 Awards point per $1
  • spent.
  • A $10 fee applies for additional card holder.

Card Details

Rewards Program Overseas ATM Availability
Insurance Cover for Purchases Automatic Travel Insurance

Rewards Program

  • When a customer uses a linked American Express Card:^
  • Earn 1.5 Awards points per $1 spent overseas (including
  • purchases made online at overseas websites) and at
  • supermarkets, department stores and petrol stations in
  • Australia*.
  • Earn 0.5 Awards points per $1 spent everywhere else.
  • When a customer uses a Mastercard or Visa credit
  • card:
  • Earn 1 Awards point per $1
  • spent.
  • Throughout the year you'll also find a wide range of bonus offers to help you get even more value from your Awards points
  • Prefer to take a holiday? You can also choose to redeem your points at Flight Centre to help you getaway on your next holiday even sooner
  • Redeem your points for cash - we'll credit it straight into your account so you can treat yourself to whatever you like
  • To give you even more flexibility and choice, you can elect to use Points Plus Pay, which lets you use the Awards points you have with some extra cash from your credit card to make up the difference.
  • Or, if you'd prefer, you can choose to earn Qantas Frequent Flyer points instead.
Rewards Points per Dollar 1.5 Linked to Frequent Flyer
Spend to Redeem $100 Gift Card* $11600 Frequent Flyer Ratio 0.4
Spend at Loyalty Partner for $100 Gift Card* SPEND FOR SYD/MEL RETURN* $42000

Lifetime of Points
Rewards Program Partners ACP Magshop, Adairs, Bob Jane T-Marts, Caltex, Cellarmasters, Conrad Jupiters, Conrad Treasury, Crown Promenade Hotel, Crown Towers, David Jones, Dreamworld, efragrance, Fruit Only, Hoyts, Marque Hotels, Napoleon Perdis Cosmetics, Prouds The Jewellers, Red Balloon Days, Rendezvous Hotels, Roses Only, Sanity, Showbiz Box Office, Sony Style, Strandbags, Sydney Aquarium, Sydney Wildlife World, Thrifty, Travelodge Hotels, Travel Plus, Village Cinema's, Warner Village Theme Parks, WhiteWater World.
Rewards Bonus Points Partners ACP Magshop, Adairs, Bob Jane T-Mart, Cellarmasters, Conrad Jupiters, Conrad Treasury, Crown Promenade Hotel, Crown Towers, Dreamworld, efragrance, Fruit Only, Hoyts, Marque Hotels, Napoleon Perdis Cosmetics, Prouds The Jewellers, Red Balloon Days, Rendezvous Hotels, Roses Only, Sanity, Showbiz Box Office, Sony Style, Strandbags, Sydney Aquarium, Sydney Wildlife World, Thrifty ,Travelodge Hotels, Travel Plus, Village Cinema's, Warner Village Theme Parks, WhiteWater World.
Domestic Airlines Qantas Frequent Flyer Velocity Frequent Flyer
International Airlines You can opt-in to Qantas Frequent Flyer Direct Program for a low annual fee of $10. 2.5 Awards Points = 1 Qantas Frequent Flyer point. 2.5 Awards Points = 1 Velocity Point
Conditions Awards Points are Evergreen. Though conditions apply re: closed, fraudulent and delinquent accounts. Points expire 3 months after account is closed.

Annual Fee $59 Minimum Repayment Greater of 2% or $25
Annual Fee First Year $59 Interest Charged From Purchase Date
Rewards Joining Fee $0 Late Payment Fee $20
Supplementary Card Fee $15    
Duplicate Statement Fee $7 Overseas ATM Balance Fee $1.25
Transaction Verification Fee $0 Overseas ATM Withdrawal Fee $4
Over Limit Fee $0 Overseas Emergency Card Replacement Fee $20

Terms & Conditions
*Points are earned on eligible transactions and are subject to points capping. From 1 July 2017, you'll earn maximum points per $1 spent when you use your American Express card for eligible transactions overseas and at supermarkets, department stores and petrol stations in Australia; and 0.5 points per $1 spent using your American Express card everywhere else. Refer to the CommBank Awards Program Terms and Conditions for more information. ^20,000 bonus CommBank Awards points is available on online applications for new personal Awards credit card or Business Awards credit card received by 3 July 2015 with the card being activated by 3 August 2015. Excludes upgrades and migrations, all other credit cards and existing credit cards. To be eligible for the 20,000 bonus CommBank Awards points, you need to make a purchase and apply any lock, block or spend limit functionality in the first 30 days of activating your new card. The lock, block or limit functionality includes temporarily locking your credit card, blocking international payments or ATM cash advances or limiting the spend amount per transaction, and does not need to be retained until the end of the promotion. Offer can be withdrawn at any time at the discretion of the Bank, and cannot be used in conjunction with any other offer. Bonus points will be credited to your account within 60 days of becoming eligible and will appear on your statement as 20,000 bonus points. You will be ineligible for the bonus points offer if your account is closed, transferred, upgraded or in default at any time prior to the Awards points being credited to your account. Points are earned on eligible transactions (most purchases, but not cash advances or balance transfers) and are subject to points capping – refer to the Commonwealth Awards Program Terms and Conditions for full details. To access the lock, block and limit features on the CommBank app, you need to have Android 2.3+ operating system and above or iOS 5.0+ operating system. Not available on Windows Phones. Excludes transactions flagged as recurring (e.g. direct debits) and transactions not sent to us for authorisation. Other Terms & Conditions apply. Applications are subject to credit approval. Full Conditions of Use will be included in our Letter of Offer. Fees and charges are payable.


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* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

Visa® is a registered trademark of Visa International Services Association.
The MasterCard® brand is a registered trademark of MasterCard International Incorporated.

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